Frequently Asked Questions
The Most Trusted Cash Home Buyer in Virginia, Maryland, and DC.
How Do I Know If a Cash Offer Is Fair?
A fair cash offer is one you can explain. It should be based on comparable sales, the as-is condition of the house, and the cost of repairs, and it should be compared against what you would net after listing costs, not against an online estimate of full retail value.
What should I look at besides the dollar amount?
Look at fees, closing timeline, whether the buyer is the actual purchaser, and whether the number can change after a walkthrough. A higher offer with hidden fees or a later price cut is not a better offer.
How do I compare a cash offer to a listing?
Estimate the list price you could actually get in current condition. Subtract commissions, likely concessions, repairs needed to list, and holding costs for the months the house would be on the market. That net is the number a cash offer has to beat on convenience and certainty.
What are signs a cash offer may not be fair?
Pressure to sign the same day. Any request for an upfront fee. A vague explanation of how the number was calculated. An unusually high first number with lots of inspection contingencies. Reluctance to use a licensed title company.
Should I get more than one cash offer?
Yes, if you have time. Two or three no-obligation offers show you the range. Offers will not match exactly because buyers estimate repairs differently and many of these so-called buyers never plan to buy your house. They get it under contract and then try to assign the contract to someone like Express Homebuyers that has money and buys houses.
Will Express Home Buyers explain the offer?
Yes. We tell you what comps we used, what condition issues affect the number, and what happens next. You are not obligated to accept.
This is general information, not tax or legal advice.
Video Transcript
How do I know if a cash offer is fair? A fair cash offer is one you can explain. It should be based on comparable sales, the as-is condition of the house, and the cost of repairs, and it should be compared against what you would net after listing costs, not against an online estimate of full retail value.
What should I look at besides the dollar amount? Look at fees, closing timeline, whether the buyer is the actual purchaser, and whether the number can change after a walkthrough. A higher offer with hidden fees or a later price cut is not a better offer.
How do I compare a cash offer to a listing? Estimate the list price you could actually get in current condition. Subtract commissions, likely concessions, repairs needed to list, and holding costs for the months the house would be on the market. That net is the number a cash offer has to beat on convenience and certainty.
What are signs a cash offer may not be fair? Pressure to sign the same day. Any request for an upfront fee. A vague explanation of how the number was calculated. An unusually high first number with lots of inspection contingencies. Reluctance to use a licensed title company.
Should I get more than one cash offer? Yes, if you have time. Two or three no-obligation offers show you the range. Offers will not match exactly because buyers estimate repairs differently and many of these so-called buyers never plan to buy your house. They get it under contract and then try to assign the contract to someone like Express Homebuyers that has money and buys houses.
Will Express Home Buyers explain the offer? Yes. We tell you what comps we used, what condition issues affect the number, and what happens next. You are not obligated to accept.
A fair offer is transparent, in writing, and tied to the real condition of the house. If you want that kind of no-obligation cash offer, request one at Express Home Buyers dot com.